The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

Most people already received their stimulus money when they filed 2021 tax returns but scammers are pouncing on anxiety about tracking tax refunds.

Here’s the catch, it contains a fake link mimicking that of the IRS website. As a rule, the IRS does not contact taxpayers by ...

Listen up, freelancers. If you earn money on PayPal, Venmo, Cash App or another third-party payment app, the IRS will know about it. Third party payment platforms are required to send you a 1099 ...

Learn more about the benefits of creating an IRS account online and how the registration process works. For additional tax info, learn about the 1099 changes for people earning money from Venmo or ...

Older taxpayers are especially susceptible, as they tend to be more trusting and often have more money at risk. The IRS has a confusing scam-reporting process, the watchdog group added.